Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment $0.49 per $10,000 · paid last 24h −0.019%
Price spread now: MEXC against Aster−0.115%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.115%, 7d avg −0.010%
Together, before fees−0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.105% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAVEUSDT144.320.0100pay 0.0100% / 8h6h 32m$1.3M$1.2M50x
ShortMEXC AAVE_USDT144.150.0051get 0.0051% / 8h6h 32m$27.0M$24.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.29
Price spread: −0.115% → −0.010%
−$10.52
Slippage, 4 orders
−$18.73
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$47.54
Costs to cover
0.267%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 1 min ago3.82 bp10.6 bp −$1128.0 bp −$280doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.35 bp1.7 bp −$27.2 bp −$7237.7 bp −$3,767105.4 bp −$52.7K

AAVE on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0513%1h144.09−0.157%$250K$362K50xas long as short
01 Exchange AAVEUSD−0.0056%1h144.21−0.073%$11K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h144.23−0.058%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.24−0.054%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.08−0.163%$65K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.24−0.050%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.01−0.212%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.097%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h144.24−0.053%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h144.24−0.054%20xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDTshort+0.0051%8h144.15−0.115%$27.0M$24.8M200x
Binance AAVEUSDT+0.0052%8h144.18−0.096%$65.0M$185.0M75xas long as short
OKX AAVE-USDT-SWAP+0.0069%8h144.12−0.136%$17.4M$65.6M50xas long as short
RISEx AAVE/USDC+0.0089%1h144.27−0.032%$186K$230K10xas long as short
Gate AAVE_USDT+0.0092%8h144.17−0.101%$7.7M$15.1M75xas long as short
SoDEX AAVE-USD+0.0092%1h144.13−0.129%$5K$298K10xas long as short
Lighter AAVE+0.0096%1h144.31−0.003%$4.6M$1.5M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.24−0.050%$122K$14610xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.15−0.117%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.15−0.115%$802K$425K10xas long as short
Hyperliquid AAVE+0.0100%1h144.24−0.053%$78.1M$35.6M10xas long as short
Aster AAVEUSDTlong+0.0100%8h144.32long leg$1.3M$1.2M50x
Pacifica AAVE+0.0100%1h144.18−0.095%$329K$436K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.11−0.143%$61.7M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h144.23−0.059%$45K$192K10xas long as short
Bulk AAVE-USD+0.0100%1h143.50−0.568%$58K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.20−0.080%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.19−0.087%$30.0M$18.0M75xas long as short
BingX AAVE-USDT+0.0100%8h144.17−0.101%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.24−0.053%$324K$746K10xas long as short
Variational Omni AAVE+0.0100%8h143.89−0.293%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.91−0.283%$104K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.96−0.249%$456K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.98−0.233%$134K$230K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.30−0.011%$125K$418K10xas long as short
SunX AAVE-USDT+0.0100%8h144.20−0.083%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.55+0.164%$700K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.12−0.136%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.13−0.126%$917K$1.7M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0236% / S −0.0359%1h144.27−0.029%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.29−0.018%$773K$2.8M50xas long as short